Phapros (PEHA) Records 57,33 Percent Net Profit Growth by Q3 2022

Phapros recorded a net profit growth of 57,33 percent by the third quarter of 2022.

IDXChannel – Phapros recorded a net profit growth of 57,33 percent by the third quarter of 2022. This net profit growth was contributed by the increase in net sales which rose 14,24 percent. 

Based on unaudited financial statements as of September 30,2022, the company recorded a net profit Rp17,22 billion. The net profit was contributed by increase in net sales which rose 14,24 percent to Rp876,43 billion. 

Management optimistic Phapros can still score double digit growth in Q4. President Director of Phapros Hadi Kardoko is optimistic that the company can still score double digit growth in the fourth quarter by looking at the historical growth wich rose significantly compared to last year. 

According to him, the improving marco and micro economic conditions are one of the factors driving Phapros business to return to normal, apart from the company strategy to continue to penetrate the market and produce research based medicines and menical devices. 

"Watch our show IDX Channel Official Youtube on the Market Headlines Program, Monday (21/11/2022) with the theme Phapros Records 57,33 Percent Net Profit Growth by Q3 2022.  

(DKH)